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CPO price forecast to climb for rest of the year
CPO FUTURES HIT TWO-YEAR HIGH ON BULLISH SENTIMENT, STRONG EXPORTS
CPO price strength could dissipate through end-2024, says BMI
Positive growth for plantation sector, amid rising CPO prices
Felda settlers poised to receive higher living allowance
25/01/2008 (The Star Online), Jempol - The living allowance for Felda settlers taking part in the replanting scheme will be increased, beginning next month.
J&J joins \"green\" consortium
23/01/2008 (NJ.com) - Global food and consumer goods companies are backing a plan to certify palm oil -- the vegetable oil used in products ranging from margarine to cosmetics, and, increasingly, biodiesel -- to ensure that its soaring production doesn't spur greater destruction of tropical rainforests.
Palm oil has biggest decline in seven months
22/01/2008 (The Financial Times), Singapore - Palm oil futures in Malaysia, the global benchmark, had its biggest intra-day decline in seven months on concern a slowing global Economy may curb demand for vegetable oils used for food and fuels.
Cooking Oil Producers: Fines Would Raise Prices in Bulgaria
23/01/2008 (Novinite.com) - Bulgarian cooking oil producers that were fined for being involved in cartel relations complained severe sanctions would raise the price of the oil and cut workers\' wages.
Police seize cooking oil hidden in packages of diapers
23/01/2008 (NST Online), Rantau Panjang - Police seized 782 kg of cooking oil worth about RM2,400 inside packages of diapers in an operation at the Che Dollah illegal jetty on Sunday.
Costly crude oil means costly cooking oil for much of developing world
22/01/2008 (Blogging Stocks.com) - The decade's dramatic rise in crude oil prices to roughly $90 per barrel levels has had a lesser-known, but equally consequential impact on life in the developing world -- a rise in price of cooking oils from palm, soybean and many other types of vegetable oils, The New York Times reported.
Malaysia reduces cooking oil supply to Malaysia-Thailand border town to curb smuggling
21/01/2008 (People's Daily Online, China, P.R.) - Supply of cooking oil to Rantau Panjang, Malaysia-Thailand border town, will be reduced to curb smuggling which has become rampant, Malaysian official said in Kota Baharu, capital city of northern Kelantan state on Monday.
Costly fuel means costly calories
22/01/2008 (Straight Goods.com), Kuantan - Rising prices for cooking oil are forcing residents of Asia’s largest slum, in Mumbai, India, to ration every drop. Bakeries in the United States are fretting over higher shortening costs. And here in Malaysia, brand-new factories built to convert vegetable oil into diesel sit idle, their owners unable to afford the raw material.
New govt must develop other energy sources
24/01/2008 (The Bangkok Post) - It is high time that Thailand took serious steps to develop sustainable energy sources for a sustainable future. His Majesty the King has called for greater use of biodiesel, gasohol and other alternative energy sources, to reduce the import of oil, which costs the country billions of baht annually.
